A class-action lawsuit claims Chicago’s red-light camera program fails to provide ticketed motorists with information required by state law.
The proposed City Council ordinance would hike Chicago’s sales tax on liquid nicotine and mandate that stores keep vaping products below the counter.
Making Illinois a more attractive state in which to plant roots is entirely within lawmakers’ control.
Accepting a deal that includes $6 million in subsidies, Wynright Corporation will expand its operations in Indiana and close plants in suburban Elk Grove and Oak Lawn.
A new report analyzes the effects of “tax increment financing” on communities across the nation – and calls into question the merits of the widely used development tool.
The Chicago firefighters pension fund has filed claims with the Illinois comptroller for $3.3 million in shorted pension contributions, an action that could worsen city finances and service delivery.
Without property and income tax relief, housing in Illinois will continue to be less attractive, Illinois’ population is likely to continue its decline and housing price appreciation can be expected to continue to lag the rest of the nation.
Lax oversight of Illinois’ little-known regional development authorities has led to questionable business arrangements with one official in particular.
“My parents came [to the United States] in 1969. I grew up in the Chicago area. “When Cynthia and I got engaged, we started home searching. We wanted a place ready to go. “I knew nothing about [the cost of] homeownership until I started to home search. I was looking in Oak Lawn, Oak Forest,...
A real estate investment deal arranged by a firm that employed former Mayor Richard M. Daley’s nephew has dealt a blow to Chicago’s cash-strapped pension funds, underscoring the need for a 401(k)-style alternative.
Amid two record-breaking income tax hikes, growing property tax bills and population decline, the Land of Lincoln’s income growth is trailing the rest of the nation.